As game enthusiasts across Britain will testify, Legends of Elysium (LoE) has secured increasing support from an array of companies, and among the latest to join this surge of enthusiasm is the standout ‘ChainPlay’. It’s with genuine pleasure that we announce their addition to the LoE partnership ranks, augmenting an already remarkable game.
ChainPlay is meticulously orchestrated to become your premier destination for all that pertains to blockchain gaming. It stands as a pioneering force, offering players a unified and effortless overview of the intricacies within the GameFi market. This eliminates the onerous task of individually analysing each emerging crypto gaming enterprise. Courtesy of ChainPlay, one has instant, consolidated access to lucrative investment potentials and key happenings within the play-to-earn realm – a bona fide boon for your time.
The amalgamation known as GameFi, blending the realms of virtual gaming with decentralized finance, ascended to prominence within the crypto domain, especially in the latter part of 2021. Considering the relative infancy of the industry, it’s remarkable to note approximately 68% of its investors only embarked on their ventures within the past year, predominantly in the last two quarters.
As GameFi continues to burgeon, elements such as community vitality, the strength of backers and partners, as well as team competencies play influential roles. A resounding 69% of investors cite the vibrancy of a community as a paramount factor in their investment determinations. Close on its heels is the importance accorded to backers and partners, as asserted by 66% of investors. An additional pivotal aspect, championed by 51% of investors, is gameplay quality when deliberating on GameFi stakes. Tokenomics is heralded by 49% as the linchpin, with 38% prioritising the design of the in-game economy, and 31% valuing high-calibre graphics. Merely 4% are swayed by alternative factors.
The incorporation of ChainPlay into the Legends of Elysium alliance promises to inject a novel stratum of richness into this absorbing and captivating gaming universe. Their dedication to streamlining and demystifying the enthralling confluence that is blockchain gaming represents an invaluable boon to the virtual gaming ecosystem. We await, with eager anticipation, the fruits of this evolving collaboration.
ChainPlay is your quintessential portal for everything within the blockchain gaming sphere. This platform is exquisitely tailored to furnish crypto gamers with aggregated insights from various facets of the GameFi market. Rather than undertaking separate research into each crypto gaming venture’s potential, investment appeal, and activities, ChainPlay amalgamates and bestows all such information at a single juncture. This aggregated, instantaneous intel spares your time whilst keeping you abreast of the dynamism inherent in the play-to-earn gaming stratosphere.
The sector known as GameFi – a synthesis of virtual gaming and decentralized finance – commandeered the crypto landscape, more so in the dusk of 2021, which marked the height of its influence. Yet, the attitudes towards this virtual gaming economy are becoming increasingly discerning with each passing day. Our recent survey aimed to capture the current state of GameFi from a firsthand perspective. Allow us to delve into some salient insights uncovered.
The GameFi industry remains nascent, with the majority of investors yet to experience an extensive investment tenure. Indeed, 68% of GameFi investors commenced their journey within the last 12 months, many stepping in during the latter half of 2021.
In evaluating the factors critical to GameFi venture investment, the aspects of community vigour, the caliber of backers and partners, and team efficacy are unchangingly pivotal. 69% of investors uphold the dynamic presence of a project’s community as a critical investment criterion. Conversely, backers and partners are deemed of utmost importance by 66% of investors. In close pursuit are game-play considerations, deemed vital by 51% of investors in aligning with a GameFi venture. Tokenomics stand out for 49% of investors, while 38% signal in-game economy architecture, and 31% pay homage to graphics quality, with a slender 4% influenced by alternative elements.